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Cypress Lake, FL · Real Estate

gulfshorebusiness.com

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Fort Myers panel backs $24M tax rebate for Midtown Yards

The $367 million planned development where the former News-Press building now stands has a name, but demolition and construction are still more than a year away. The advisory board of the Community Redevelopment Agency recommended approval of $24 million in tax breaks over 14 years during a meeting Nov. 4. The board backed the amount despite a consultant’s recommendation that the CRA give only $20 million in tax breaks.

Fort Myers, FL · 3d

sarasotanewsleader.com

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On split vote, County Commission tells staff to terminate contract to purchase Boatyard property on Stickney Point Road

‘Title defects’ and potential other expenses above $18.1-million sale price cited. On a 3-2 vote this week, the Sarasota County commissioners directed County Administrator Jonathan Lewis to terminate the county’s contract for purchase of the 2.04-acre Boatyard property on Stickney Point Road just east of Siesta Key. Commissioner...

Sarasota County, FL · 3d

gulfshorebusiness.com

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Ekos on Evans opens amid affordable housing shortage

The latest affordable housing community to open in Fort Myers, Ekos on Evans, is part of a wave of income-restricted multifamily developments in the area. Yet their growing availability lags behind demand for affordable housing — where gross rent, which includes utilities, is no more than 30% of a tenant’s income.

Fort Myers, FL · 3d

santivachronicle.com

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Sanibel Faces Stalemate Over $10M Affordable Housing Grant

The Sanibel City Council’s agenda for its November 3, 2026, meeting included several Below Market Rate Housing issues. The City of Sanibel must bring its affordable housing program into compliance with the Fair Housing Act. “We have compliance-related concerns with the FHS. It’s incumbent upon us to act on...

Sanibel, FL · 3d

Naples Daily News

partner publisher · 28.0K followers

Florida home buying dream isn't dead, it's just getting more expensive

As homeownership continues slipping further out of reach for many Americans, a growing number of affordable and workforce housing initiatives are taking shape across Southwest Florida . The trend comes as new national data this month shows potential buyers facing mounting obstacles from rising prices, higher mortgage rates and a shortage of budget-friendly homes. Last week marked the Southwest Florida start of a Naples affordable housing complex, the completion of a Fort Myers one while another workforce housing development is scheduled to debut Thursday, Nov. 11 in Sanibel. At the same time, housing preservation organizations are also expanding their presence locally looking for ways to keep existing homeowners housed amid continuing affordability pressures. The local activity mirrors concerns outlined in last week's National Association of Realtors' 2026 Profile of Home Buyers and Sellers, which found first-time purchasers remain historically underrepresented in the housing market and continue to enter homeownership later in life. Here's what to know. What new affordable housing opened in Southwest Florida last week? While affordability concerns persist nationwide, several Southwest Florida projects are aimed at increasing housing opportunities for workers and lower-income residents. Thursday brought the official opening of Ekos on Evans, a 144-unit affordable housing community

Naples, FL · 11h

floridayimby.com

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Kolter Urban And BH Group Break Ground On Olana Naples At 1121 Gulf Shore Boulevard North

Kolter Urban and BH Group have broken ground on Olana Naples, a 12-residence beachfront condominium development at 1121 Gulf Shore Boulevard North in Naples. The project will feature residences spanning more than 10,000 square feet of indoor and outdoor space, with architecture by Randall Stofft Architects and 10 Design, formerly SB Architects, and interiors by Champalimaud Design. Completion is anticipated in 2028.

Naples, FL · 3d

extendedreachusa.com

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New Sarasota VA Clinic Planned for Lakewood Ranch Boulevard With Opening Expected in 2029

The U.S. Department of Veterans Affairs is moving forward with a major outpatient medical facility in Sarasota County, bringing expanded healthcare services, new employment opportunities, and additional commercial development activity to the growing Lakewood Ranch corridor. A major healthcare development is moving forward in Sarasota County after the U.S. Department...

Sarasota, FL · 1d

Realtor.com News & Insights

partner publisher · 29.0K followers

Cape Coral Buyers Find Fewer Homes Available but More Time to Decide

Cape Coral buyers found lower prices even as inventory tightened and homes moved off the market faster.

Cape Coral, FL · 3d

santivachronicle.com

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Sanibel Council Adopts Ordinance for Mini Golf

At the March 31, 2026, Sanibel City Council meeting, Vice Mayor Holly Smith requested and received the City Council’s consensus to add a discussion item to the April 21, 2026, City Council meeting agenda to allow “miniature golf” as a conditional use within the Land Development Code.

Sanibel, FL · 3d

The News-Press

partner publisher · 40.5K followers

Target plans new store in growing eastern Lee County

Target has secured land in eastern Lee County for a new store. Property records show Target Corp. purchased a nearly 21-acre site on the doorstep of Lehigh Acres, along the high-growth State Road 82 and Daniels Parkway corridor. The deal closed on Oct. 28. The price was $9 million for a future location at Creekside Marketplace, one of two shopping centers planned by The Sembler Company, based in St. Petersburg, Florida, in the same booming area. The dual retail centers are near the sister Timber Creek and Daniels Creek communities developed by Lennar, which will have a little over 2,900 homes. "The project represents a vital retail milestone for the rapidly expanding submarket bridging unincorporated Lee County and the western edge of Lehigh Acres. Positioned near the strategic convergence of State Road 82 and Daniels Parkway/Gunnery Road, Creekside Marketplace is designed to address the immense residential influx and rooftop growth that has surged across the corridor in recent years," said Paige Rausch, a commercial real estate and land analyst at Aslan Realty Advisors in Fort Myers. Situated on about 41 acres, Creekside is a planned 250,000-square-foot retail and medical-office destination with 11 outparcels. The planned development reflects Sembler’s longstanding approach:

Lee County, FL · 5d

gulfcoastnewsnow.com

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Amendment 3 passed in Florida, but Lee County faces an $88M-plus revenue hit for fiscal 2027-28

LEE COUNTY, Fla. — Florida homeowners will see significant property tax savings starting in 2027 after the passage of Amendment 3, which increases the homestead exemption to $150,000 in 2027 and $250,000 in 2028. Barbara Smith, a Fort Myers resident, shared her thoughts on the amendment's approval. "I voted...

Lee County, FL · 4d

The Cool Down

partner publisher · 249.4K followers

'Affordable' rent in Florida county runs as much as $1,800 a month for single-bedroom apartment

"I live on a fixed income, and it's just not enough for me anymore."

Collier County, FL · 4d

capecoralbreeze.com

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My neighborhood is not your hotel

Why do we have residential zoning if a house in a quiet neighborhood can become a commercial lodging business?. People buy homes in Cape Coral to live, raise families, and enjoy some peace. Yet an absentee owner can buy the house next door and rent it to a revolving door of vacationers. Some guests are considerate. Others party until 2 a.m., leave dogs barking, and depart before the neighbors recover a decent night’s sleep.

Cape Coral, FL · 4d

seniorshousingbusiness.com

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Discovery Acquires 26 Management Contracts From Senior Solutions Management Group

BONITA SPRINGS, Fla. — Discovery Senior Living has entered into a definitive agreement to acquire the management contracts for 26 seniors housing communities from Senior Solutions Management Group (SSMG). According to Discovery, the portfolio is concentrated in eight states in the South and the Southeast. Totaling more than 2,200...

Bonita Springs, FL · 5d

santivachronicle.com

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New Property Price Changes This Week for Sanibel, Captiva

Data provided courtesy of Eric Pfeifer, Broker-Owner, Pfeifer Realty Group, based on information from the Sanibel & Captiva Islands Association of REALTORS® for the period 10/28/26 – 11/03/26. ClassAddressOriginal List PricePriceSubdivision / Condo Name. Residential15153 Captiva Dr, Captiva$5,000,000.00 $4,788,000.00 Metes And Bounds. Condo2619 Wulfert Road 3, Sanibel$959,000.00 $900,000.00...

Sanibel, FL · 4d

DMR News

partner publisher · 4.2K followers

Kimberley Saccomonto, Cape Coral, FL Real Estate Agent, Urges Buyers to Price Flood Risk and Insurance Before Making an Offer

Two Cape Coral homes can list at the same price, on similar lots, in comparable neighborhoods, and cost meaningfully different amounts to own. The variables are flood designation, elevation, roof age and construction, wind-mitigation features, insurance eligibility, and position relative to storm-surge exposure. According to Kimberley Saccomonto of KS Home Group at eXp Realty, most […]

Cape Coral, FL · 5d

gulfshorebusiness.com

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Charlotte County condo market rebounds as tax relief passes

Following several years of falling condominium prices and a buildup of inventory, prices and demand are slowly coming back as the Charlotte County market emerges from several factors that kept it depressed. September data supplied by Realtors of Punta Gorda-Port Charlotte-North Port-DeSoto Inc. show closed sales of condominiums and townhomes...

Charlotte County, FL · 6d

realestatenews.com

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KW firm goes independent; Real adds 30-agent brokerage

Editor's note: The brokerage business is a busy one, with frequent moves, mergers and milestones. Here we highlight some of the latest activity among brokerages across the U.S. Michigan firm parts with KW to go independent. Glover Agency has become an independent brokerage after 17 years with Keller Williams, a...

Naples, FL · 5d

businessobserverfl.com

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Lee County hotel sells for $11 million

The 111-room Holiday Inn Express & Suites in Fort Myers has sold. The property at 3427 Forum Blvd. was bought by the Archer Capital Group, which paid $11.1 million according to CoStar. (Lee County records show the buyer as Haven Street Lodging LLC. One of the LLC’s managers is the managing principal at Archer.)

Fort Myers, FL · 4d

extendedreachusa.com

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New Costco Under Construction in Fort Myers Following $55 Million Land Acquisition

The 55-acre development along Colonial Boulevard will replace an existing Costco location and could generate additional retail development opportunities in Southwest Florida. Construction is officially underway on a new Costco Wholesale location in Fort Myers, Florida, marking another major retail investment in Southwest Florida’s expanding commercial real estate market.

Fort Myers, FL · 7d